Analysis of the Graph of Cumulative Liquidations of All Cryptocurrencies
The Cumulative Liquidations of All Cryptocurrencies Chart 📉 is a powerful analytical tool that helps traders and investors understand market dynamics. It shows the total volumes of liquidations of long and short positions over a certain period of time.
![](https://public.bnbstatic.com/image/pgc/202407/003ce07078c9bb51bc7b3d0fe59ab578.png)
Overview Graphics
On the provided chart you can observe the total liquidations of all cryptocurrencies for the week (1W):
Total amount of liquidations: 235.051M
Amount of liquidations of long positions: 238.173M
Amount of liquidations of short positions: -898.247M
Data Interpretation
Green bars 📈 on the chart represent liquidations of long positions. In this case, it is clear that their volume reaches 235.051M.
Red bars 📉 indicate liquidation of short positions. The volume of liquidations of short positions is significantly higher and amounts to -898.247M.
Analysis of the Current Situation
Increase in liquidations of short positions: The volume of liquidations of short positions (-898.247M) significantly exceeds the volume of liquidations of long positions (235.051M). This could indicate significant selling pressure in the market.
Support and resistance levels: The chart highlights support and resistance levels, which helps to understand the key entry and exit points from the market.
Market Trends: The dynamics of liquidations show that sellers have dominated the market recently, which may indicate the possibility of a continuation of the bearish trend.
Conclusion
A graph of cumulative liquidations of all cryptocurrencies provides important information about the current market situation. Liquidation analysis helps traders and investors make informed decisions and predict possible developments.
Using such a chart in combination with other analytical tools, such as technical and fundamental analysis, allows you to get a more complete picture of the state of the cryptocurrency market.
📊 Follow the dynamics of liquidations to keep abreast of changes in the market and make informed investment decisions!